The once giant UK video game retailer GAME has now collapsed into administration owing a staggering £16 million. The company once had 300 stores across the UK and was a popular destination…
The once giant UK video game retailer GAME has now collapsed into administration owing a staggering £16 million. The company once had 300 stores across the UK and was a popular destination to pick up and browse the latest video games before online retailers swooped in.
“The Game brand was originally established in 1990 and developed into the UK’s leading high street retailer of video games and consoles.
“The company started trading in 2012 following the acquisition of the UK trade and assets of the former The Game Group Plc out of administration.
“At the point of acquisition, the business operated over 300 retail stores together with two e-commerce platforms under the Game and Gamestation brand names.
“Following the completion of the acquisition, the company consolidated its operations under the single Game brand and undertook a financial and operational review, which resulted in the closure of certain loss-making stores but included plans to open new stores.”
0 Comments:
Post a Comment